Pressure mounts on Glencore's euro debt
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
London
GLENCORE'S euro-denominated debt came under more pressure when the market opened on Tuesday morning, with its bonds selling off by up to 11 points, according to Thomson Reuters data.
Glencore's 1.25 billion March 2017 bonds saw the biggest fall in cash price terms, dropping 11.09 points to 86.133 and pushing the yield up to over 16.5 per cent.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus
